calculate the direct materials purchase budget in quantity and dollars ...
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Accounting
calculate the direct materials purchase budget in quantity and dollars
Shimmer Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. It expects to manufacture 21,000 Knox lamps and 14,000 Ayer lamps in 2017. The following data are available for the year 2017 EEB (Click the icon to view the data.) EEB (Click the icon to view the December 31, 2017 production budget in units.) Calculate (a) the direct materials usage budget in quantity and dollars (label it Schedule 3A), (b) the direct materials purchase budget in quantity and dollars (label it Schedule 3B); and (c) the direct manufacturing labour costs budget (label it Schedule 4) for the year ending December 31, 2017
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